The housing market in the Edwards, CO Metro Area is very strong. According to recent statistics, the median value for a house in this area is $1,135,500, which is significantly higher than the national median of $338,100. Additionally, house appreciation has been strong over the past year with an appreciation rate of 9.36%, which is slightly above the national average of 8.27%. This reflects both the strength of the local economy and desirability to live in the area amongst potential buyers.
The median home cost in Edwards Metro Area is $1,135,500. Home appreciation the last 10 years has been 116.7%. Home Appreciation in Edwards Metro Area is up 19.7%.
Average Age of Homes
- The median age of Edwards Metro Area real estate is 26 years old
The Rental Market in Edwards Metro Area
- Renters make up 18.7% of the Edwards Metro Area population
- 4.0% of houses and apartments in Edwards Metro Area, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.